YEARLY HIGH
0.0293 QAR
YEARLY LOW
0.0258 QAR
YEARLY AVERAGE
0.0273 QAR

2019 JMD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JMD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0293. Conversely, the yearly low was recorded on November 14, dropping to 0.0258.

This high-to-low spread represents a total annual volatility of 0.0035 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0280 to the December average rate of 0.0266, the exchange rate registered a net change of -5.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0293 was down 0.89% compared to the 2018 peak of 0.0295, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JMD based on timing:

Yearly Peak High 146 QAR
2018 Average 141 QAR
Yearly Trough Low 129 QAR
Transaction Impact: A difference of 17.32 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0292
0.0257
JanuMarcMayJulySeptNove

JMD to QAR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0278, compared to 0.0267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0278
H2 Avg (Jul–Dec) 0.0267

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0019 QAR (High: 0.0291 / Low: 0.0272). On the other end, November was the most stable month, with a tight range of 0.0005 QAR (High: 0.0263 / Low: 0.0258).

April Spread (Volatile) ±0.0019
November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0011 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 0.0289) against the same month in 2018 (average: 0.0286), the exchange rate shifted by +0.0002 (+0.82%).

2019 Avg (March) 0.0289
2018 Avg (March) 0.0286

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0287 0.0273 0.0280
February 0.0282 0.0266 0.0273
March 0.0293 0.0281 0.0289
April 0.0291 0.0272 0.0281
May 0.0273 0.0267 0.0270
June 0.0282 0.0268 0.0278
July 0.0278 0.0267 0.0273
August 0.0272 0.0267 0.0270
September 0.0271 0.0265 0.0268
October 0.0272 0.0263 0.0268
November 0.0263 0.0258 0.0260
December 0.0276 0.0259 0.0266